Healthcare Stock Watch List: Varex Imaging Corp (NASDAQ:VREX)

Shares of Varex Imaging Corp (NASDAQ:VREX), dropped -0.74% to $33.35. During the day, the lowest price at which share is traded was $33.10 and hit the highest price at $33.85. The stock’s institutional ownership stands at 0.10%.

Varex Imaging Corporation (Nasdaq: VREX) today declared that Jocelyn D. Chertoff, MD, has been designated to the company’s Board of Directors, effective recently April 3, 2017.

Dr. Chertoff is Chair of the Department of Radiology and Professor of Radiology and Obstetrics and Gynecology at Dartmouth Hitchcock Medical Center. She is also Vice President of the Regional Radiology Service Line, Director of Gastrointestinal Radiology, and Assistant Medical Director for Medical Staff Affairs.

“I am very happy to have Jocelyn Chertoff join the Varex Board of Directors,” said Ruediger Naumann-Etienne, Chairman of the Board of Directors of Varex Imaging Corporation. “She is not only a highly accomplished physician and educator, but also brings her vast experience in radiology from an end user perspective that will assist us with product development and in our relationships with existing and prospective X-ray imaging system manufacturers,” added Mr. Naumann-Etienne.

Dr. Chertoff graduated from Brown University, then from University of Vermont College of Medicine. Following a Transitional Internship at Hartford Hospital, a Pediatric Internship at University of Connecticut Health Sciences Center, and two years in a physician shortage area, and after serving as the Medical Director for Vermont EMS, she accomplished a Residency in Radiology and a Fellowship in Cross-Sectional Imaging at the Medical Center of Vermont. She was a 2003-2004 Fellow of the Executive Leadership in Academic Medicine (ELAM) Program, and she received a Master’s degree from the Center for the Evaluative Clinical Sciences at Dartmouth College in 2005, and a Master’s of Health Care Delivery Science from the Tuck School of Business at Dartmouth College and The Dartmouth Institute.

Dr. Chertoff serves on multiple institutional and national committees, and is Past Chair of the Association of American Medical Colleges Group on Women in Medicine and Science, in addition to the Hitchcock Foundation Board of Directors. She is Past President of the Alliance of Clinician-Educators in Radiology, the Association of Program Directors in Radiology, the Association of University Radiologists and the New Hampshire Radiological Society.

Technical Analysis:

Varex Imaging Corp has market value of $1.27 billion while its EPS was booked as $1.75 in the last 12 months. The stock has 37.39 million shares outstanding. In the profitability analysis, the company has gross profit margin of 39.70% while net profit margin was 0.00%. Beta value of the company was 0.00; beta is used to measure riskiness of the security.

Analyst recommendation for this stock stands at 2.50.

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